Quote:
Originally Posted by Sprintey
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I would disagree with some of their points, but essentially yes.
There is a disconnect between the Business, and the Corporate. The latter being overinflated by massive investment, overhyped, and with an (unfortunately all too common) model of chasing inflated share prices based on constant growth and acquisition.
Be interesting to see if the ride-share business survives once the corporate parent collapses.
Or more likely it will go through one of those corporate mergers, where everybody comes out claiming to be a winner, after writing off $20B.